📈 Markets Monday for 2024-09-02
Labor Day edition: markets closed, tech reading recommendations, IPv4 costs, Yahoo finance recap.
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Today is Labor Day in the United States and markets are closed. Enjoy this free Labor Day edition of Markets Monday.
Happy Labor Day! Labor Day is an important national holiday and important part of the relatively short history of the United States. 🇺🇸
History of Labor Day | U.S. Department of Labor
Reading Recommendation
The technology market can be hard to keep up with and if you aren’t reading The Stack, you should be. As for why, check out this article from Ed Targett.
SaaS firm spends $25m on IPv4 addresses as cloud costs bite
FinOps... CapEx? Access to IPv4 reserve pool protects it from “being forced to purchase these in an ad hoc manner”...
Markets Monday Memories
Speaking of IPv4 address costs…
My career has seen a lot of post-merger integration work and one instance involved one (1) Class B network. During PMI, I discovered that there should have been two (2!) Class B networks conveyed with the acquisition and eventually the acquiring company ended up owning the second Class B too. 💰
For perspective, in today's post February 1, 2024 AWS IPv4 address per hour dollars, two (2) Class B would be worth up to ~$6M per year. That’s a lot of operating capital to set fire to which is perhaps yet another reason to try harder to sunset IPv4 and move to IPv6. 💸
Logically Isolated Virtual Network - Amazon VPC Pricing - Amazon Web Services
Learn about pricing for Amazon VPC, a service that lets you launch AWS resources in a logically isolated virtual network that you define.
Quick Recap
As a Market Monday reminder and recap, what I try to do each week is look at the same key indicator that I take from a simple yahoo finance webpage. It’s not much but it’s how I look at things and this is what I saw today after the bell closed.
Previously, I decided on a view from Yahoo Finance. For example, this was a view of intraday in Technology which usually gets around a dozen or so interesting companies.
If you are using Yahoo Applied Filters for Stocks screener you can bookmark your own heat map view.
% Change in Price (Intraday):greater than 4
Region: United States
Market Cap (Intraday): Mid Cap and Large Cap and Mega Cap
Price (Intraday):greater than or equal 5
Volume:greater than 15000
Sector: Technology
Industry: Software—Infrastructure and Information Technology Services and Computer Hardware and Software—Application and Communication Equipment and Electronics & Computer Distribution and Consumer Electronics and Electronic Components and Scientific & Technical Instruments and Semiconductor Equipment & Materials and Semiconductors
Update: Here’s what this chart looked like just before building this digest for Sunday September 1, 2025.
Note: Some images via Unsplash
Disclosure
I am linking to my disclosure.
Cuthrell Consulting LLCAttn: Jay Cuthrell1903 Live Oak St #92Beaufort, NC 28516-0092
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